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Oct 4, 2012
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possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this, that matters but to step back just a moment. what matters is that there is to a lesser extent there is the vice presidential debate. soits not over tonight but there is a strong start for mitt romney. and this is an asto
possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't...
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Sep 27, 2012
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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Oct 1, 2012
10/12
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and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congress aes/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian
and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congress aes/ what does it take to get...
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Oct 1, 2012
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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Oct 3, 2012
10/12
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we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of washington watchdog which keeps a close eye on legislation in federal funding. jim is the washington watchdog -- watch.com several times in the course of this presentation. last but not least is john wonderlich who is the policy director at the sunlight foundation and all-around transparency gadfly. that is his official title. more information about today's panelist on your chairs and transparencycaucus.org. i would like to thank the cochairs of the congressional transparency caucus for getting us this space and opportunity to have a conversation with you today. i promised i wo
we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of...
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Sep 26, 2012
09/12
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we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this round. we begin with you. >> do you think any changes are needed to benefit new hampshire's business community? >> what i have heard about mostly from the business community in terms of integration are the high-end technical employees that they would like to be able to talk about going to new hampshire. as well as, on the art or cultural sector, another is an issue about bringing in part-time work on the road in hopkinton, and i know we need to bring people in. but in general, i have not heard any immigration issues in new hampshire. i thi
we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this...
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Sep 26, 2012
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deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a transportation expert and i don't think these guys are either. actually i graduated from school as a civil engineer, but they work five years as a civil engineer, but lately i've computers. but why should a bureaucrat decide, you know, what mode of transportation is best, whether we have rail or highway is? it got us in trouble in the beginning. we built all these highways. we overdo it on the highways. now we have pollution and gas consumption because some bureaucrat decided that we needed highways. while now were tr
deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a...
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Sep 27, 2012
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the biggest difference that i've noticed, is that women are talking about the economy and jobs and deficit spending, which i have found amazing. i will tell you the other thing that's wonderful, the really good part of being on a campaign, and that is how millions of people are behind us, how many people are praying for us, how many people are praying for me in particular with my health concerns. so this is such a great country. there are so many wonderful people out there. but we're all concerned about the future. we know we just cannot afford four more years of what we've been facing the last four years. >> greta: how was that plane ride? >> it was not fun. >> greta: not fun? so what happened? smoke filled the cabin? >> yes. i was watching a movie. i was completely oblivious, and all of a sudden my movie shorted out. i turned around. i was at the front. i turned around and saw everyone's look of shock in the back of the plane. they kind of kept me in the dark, i think, knowing there wasn't much i could do about it. and i turned around, i said, oh, dear, there's a lot of smoke. there was
the biggest difference that i've noticed, is that women are talking about the economy and jobs and deficit spending, which i have found amazing. i will tell you the other thing that's wonderful, the really good part of being on a campaign, and that is how millions of people are behind us, how many people are praying for us, how many people are praying for me in particular with my health concerns. so this is such a great country. there are so many wonderful people out there. but we're all...
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Sep 27, 2012
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he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23 million giving up looking for work. you engage in personal attacks on your opponent. it's not going to work. i'll tell you why, it's not going to work because the failed economic record of this president, and it's not going to work because he's out of step with the values of mainstream perq. it doesn't how much they try to smear romney's faith, those personal attacks -- >> sean: he agree. >> when senator reid said this, and i don't think it was fortunate to say this, but when he said this about mitt romney's faith, we come after him, how come it was okay to for john b
he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23...
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Oct 2, 2012
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that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the treasury bonds or why you carve out the spousal exemption for why you took $5 million from sheldon adelson. this is from my son. last year when you and the president went on a budget standoff that threaten to shut down the government, he voted to continue paying members of congress. you voted against a bill which would have been short the members of the armed services continue to get paid. how could you in good conscience vote to continue your own pay but vote to stop paying our servicemen and women that you voted to send into combat in afghanistan?
that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the...
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that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing to meet with world leaders bike prime minister benjamin netanyahu, not willing to reach across the isle about serious matters. massive cuts and our defense are looming. the massive tax hike in history is imminent. mr. president, the solutions to those problems won't be reached by sitting on the couch of the "the view," nor found in jay-z's nightclub, nor in george clooney house. the author of a brand-new "new york times" bestseller is here. bob woodward. you said this is a moment of maximum peril. you described a president not engaged in terms of relationships to fix the p
that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing...
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Oct 3, 2012
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keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that
keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the...
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Oct 2, 2012
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there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all, it is truly uplifting, i think everyone would agree, to see so many people turning out on an early saturday morning when you could be doing other things. there has to be a rerun of " housewives of orange county," or sipping cappuccinos, rather than talking about this. as someone who has knocked around in for a few years, it is truly cheery to me to see that passion out there and that you have voted with your feet in such numbers, so thank you all for making me feel good. as i look across the coverage of this campaign, there are a few things i think are worth p
there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all,...
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Oct 4, 2012
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. th
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a...
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Oct 4, 2012
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in order to reduce the deficit and balanced way. mitt romney does the opposite. jon: all right. >> recommitted last night to not asking the wealthiest for a dime to reduce the deficit. jon: ben labolt, spokesman for obama for america, the president's campaign. thank you. >> thanks for having me, jon. jenna: all right. we'll continue having that conversation right. a lot to think about from both of those folks for the campaign. >> the back and forth continues. jenna: well a manhunt is on for a suspected terrorist. fbi is offering a $50,000 reward for help finding the man on your screen. he is accused of supporting al qaeda and considered extremely dangerous. >>> ebelieved there was religiousification for suicide bombings. he attended tripping camp as and pakistan. he traveled to convicted coconspirator to yemen for the same purpose >> right now the fbi is searching for a suspected terrorist with apparent links to al qaeda. ahmad abousamara is u.s. citizen. according to fbi he made several trips overseas to train with terrorists. he m
in order to reduce the deficit and balanced way. mitt romney does the opposite. jon: all right. >> recommitted last night to not asking the wealthiest for a dime to reduce the deficit. jon: ben labolt, spokesman for obama for america, the president's campaign. thank you. >> thanks for having me, jon. jenna: all right. we'll continue having that conversation right. a lot to think about from both of those folks for the campaign. >> the back and forth continues. jenna: well a...
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the reason i am in the race, people are hurting in this country and the deficit could crushh the future generation and what is happening in the middle east and developments around the world is a real concern and republicans and democrats both love america, but we need to have leadership. leadership in washington to bring people together and get the job done and could not care a less it is republican or democrat. i have done it before and i will do it again. >> you agree with that. >> yes. what was so powerful for you listening to the debate. >> the fact that he will bring people together and work with both asked and come to an agreement and move forward. >> and frank lunt will be live on "fox and friends" at 6:45 with more focus group reaction to president obama and mitt romney's performance last night. >> good stuff there. >> he paid what the dealer quoted him, how did one guy end up in police custody after buying an suv? >> what did you think of last night's debate. your e-mails next. and now brin - on brian kilmeade what is coming up next. >> we'll have instant analysis on that and f
the reason i am in the race, people are hurting in this country and the deficit could crushh the future generation and what is happening in the middle east and developments around the world is a real concern and republicans and democrats both love america, but we need to have leadership. leadership in washington to bring people together and get the job done and could not care a less it is republican or democrat. i have done it before and i will do it again. >> you agree with that....
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Oct 3, 2012
10/12
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on the deficit and biological l2 mac, some of them for sure. so the question to me is what happens the morning after this election if romney loses. he wasn't far right enough. i wonder if the morning after the morning after. people would say we have gone too far to the right and we need a different republican party which i think the country desperately needs because it needs to be center-left and it's the only way we agree to get big compromises on these issues. >> can i add the role of history suggests the clinton and ronald reagan the second term as the productive term, the big achievement so it's hard to know whether the republican party will -- where they will push the blame if that happens, but the question is how they decide to spend the next four years and i think it's very hard to tell but there is some hope in looking back at both clinton and reagan. >> he was also a far right to limit took running the republican party at the time whoever they equivalent was a time and. but in fact he wasn't. life was a little more complicated by the f
on the deficit and biological l2 mac, some of them for sure. so the question to me is what happens the morning after this election if romney loses. he wasn't far right enough. i wonder if the morning after the morning after. people would say we have gone too far to the right and we need a different republican party which i think the country desperately needs because it needs to be center-left and it's the only way we agree to get big compromises on these issues. >> can i add the role of...
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Sep 26, 2012
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romney is a let -- a little less focus on the deficit. he spends most of his time talking about jobs and on health care and taxes. whereas democrats have much wider spread of issues that they are discussing. so i will leave it there for n now. [applause] >> thanks, erika. okay, so shadow money, this is a subset of the outside money we're seeing coming into the elections. and we are seeing much more of it this time around. these are the 501(c), especially 501(c)(4) groups that are increasingly active in politics and increase in acted on the airwaves. first a word about, the center for responsive politics, what we do if you're not familiar with this is the slice and dice campaign finance and lobbying information in ways that hopefully make it more accessible and usable, and easier to interpret for both journalists and the public. we've been trying to get at this dark money, shadow money this year. you know, the danger for journalists, for us, for the public is, you know, it's very, very difficult to get at it, to get its donors and exactly
romney is a let -- a little less focus on the deficit. he spends most of his time talking about jobs and on health care and taxes. whereas democrats have much wider spread of issues that they are discussing. so i will leave it there for n now. [applause] >> thanks, erika. okay, so shadow money, this is a subset of the outside money we're seeing coming into the elections. and we are seeing much more of it this time around. these are the 501(c), especially 501(c)(4) groups that are...
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going to be the cross of where this discussion goes, president barack obama point is you cannot fix the deficit problem without some kind of increased revenue romney said revenue will come from tax cuts so it's allhow well the president can make his point, i never heard romney hit obama with the auto bailouts. we are talking about the economy tonight. we have three more debates to go into the vice presidential debate will be one of them, a teenage hockey player hits the ice in something he did not expect. a simpler time when all of these actions might not be looked at by a camera. ♪ ♪ forza! (power!) andiamo! andiamo! (let's go! let's go!) avanti! avanti! (keep going! keep going!) hahaha...hahahaha! you know ronny folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than christopher columbus with speedboats. that's happy! get happy. get geico. fifteen minutes could save you fifteen percent or more. the labor dispute in the nhl has kept the black hawks of of the eyes but it has not stopped one new jersey team from hitting the ice and
going to be the cross of where this discussion goes, president barack obama point is you cannot fix the deficit problem without some kind of increased revenue romney said revenue will come from tax cuts so it's allhow well the president can make his point, i never heard romney hit obama with the auto bailouts. we are talking about the economy tonight. we have three more debates to go into the vice presidential debate will be one of them, a teenage hockey player hits the ice in something he did...
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Sep 26, 2012
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why don't you put up the s "i will cut the deficit in my first term. this is a one-term proposition." >> headline in the "new york times," romney paid a 14% tax rate. they never said he paid almost $2 million in taxes. >> and where is the evidence about the sullying of the religion? what is he basing that on? >> bill: look, he nearly lost his life when he was on a mission. he's donated a fortune to his church and charities. i mean, you know, can you imagine -- just reverse
why don't you put up the s "i will cut the deficit in my first term. this is a one-term proposition." >> headline in the "new york times," romney paid a 14% tax rate. they never said he paid almost $2 million in taxes. >> and where is the evidence about the sullying of the religion? what is he basing that on? >> bill: look, he nearly lost his life when he was on a mission. he's donated a fortune to his church and charities. i mean, you know, can you imagine...
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romney narrowed deficit about who cares for the middle class. there are kind of four important metrics i've been paying a lot of attention to within our poll and other polls that are kind of lower in the cross tabs but matter a great deal which is, who is a strong leader? who can get things done? and those have been neck-and-neck. romney has had the lead on who can actually get things done and, i think he will, he will build on that. but the fact that more people thought romney would be the best of the two candidates to actually accomplish something shows there was upside potential and upside growth. you remember back in 2008, i've been saying this for months, at the height of his popularity barack obama only got 52.9% of the popular vote. so, even though he still is leading in the swing states and those will tighten up, romney does have a floor that he can build off of from 2008. >> holman, a great american. we appreciate it. enjoy the rest of your night in denver. this is what i call an honor. craig gordon, runs our coverage. don't even know w
romney narrowed deficit about who cares for the middle class. there are kind of four important metrics i've been paying a lot of attention to within our poll and other polls that are kind of lower in the cross tabs but matter a great deal which is, who is a strong leader? who can get things done? and those have been neck-and-neck. romney has had the lead on who can actually get things done and, i think he will, he will build on that. but the fact that more people thought romney would be the...
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Sep 26, 2012
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so, you know, i would agree that we need to cut our deficits. it's just the wrong way to do it. >> so what is the better way to do it? here we have, you know, automatic cuts coming, automatic tax increases coming. a lot of people predicting that 2013 will be a recession as a result of this. we haven't even heard from the defense companies in terms of how many jobs they're about to cut because of it. so what's the best way to do it? >> keep in mind nobody wants the sequester to happen. maybe chris and his colleagues at catos are an exception. the idea of a sequester is so awf awful, it would cut so deeply into spending, it should never happen. it's a doomsday device, which is trying to get congress to do its real job, which is to focus on taxes and sbentitlements get a grand bargain. nobody wants it to happen, but we're playing a big game of chicken because nobody wants to do the other things that are necessary to get those deficits down. but look, if we cut $55 billion out of defense, which is what the sequester would do, in one year alone, in 2
so, you know, i would agree that we need to cut our deficits. it's just the wrong way to do it. >> so what is the better way to do it? here we have, you know, automatic cuts coming, automatic tax increases coming. a lot of people predicting that 2013 will be a recession as a result of this. we haven't even heard from the defense companies in terms of how many jobs they're about to cut because of it. so what's the best way to do it? >> keep in mind nobody wants the sequester to...
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Sep 30, 2012
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. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the biggest deficit in american history? >> it wasn't the biggest and he didn't inherit it. world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830
. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the...
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Oct 4, 2012
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about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas a
about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18...
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Oct 4, 2012
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been bu
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one...
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no quiero aumentar el déficit. te puedes referir a ese aumento de déficit pero no es mi plan. miremos la historia, mi plan no se parece a nada que se haya intentado antes. quiero reducir los tiempo impositivos, pero también, reducir las excenciones y créditos al mismo tiempo. se mantienen los ingresos, pero conseguimos que más gente trabaje. mi prioridad que más gente vaya a trabajar en estados unidos. ellos sufren en este país. hablamos de las pruebas, miremos las pruebas de los últimos 4 años. son extraordinarias 20 millas de personas que dejaron de buscar trabajo en este país. cuando el presidente asumió el cargo teníamos 20 millones td personas que recibían cupones de alimentos, 47 millones de personas que los reciben hoy. el crecimiento económico es más lento que el año anterior, statu quo no funcionara para el pueblo americano que lucha hoy. >>> estamos hablando de la economía y esto es teóricamente, todavía estamos en el segmento sobre la economía y específicamente sobre qué hacer en cuanto al déficit federal la deuda federal. y la pregunta y cada u
no quiero aumentar el déficit. te puedes referir a ese aumento de déficit pero no es mi plan. miremos la historia, mi plan no se parece a nada que se haya intentado antes. quiero reducir los tiempo impositivos, pero también, reducir las excenciones y créditos al mismo tiempo. se mantienen los ingresos, pero conseguimos que más gente trabaje. mi prioridad que más gente vaya a trabajar en estados unidos. ellos sufren en este país. hablamos de las pruebas, miremos las pruebas de los...
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Sep 30, 2012
09/12
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world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion spending. >> february 2009 that president obama doesn't want to take any credit for but it passed six months. >> he signed it into law. the stimulus was huge. he signed a spending bill shortly before in the spring of 2009. but even in the beginning of 2009 where he wants to throw it on all on president bush. this is when president obama was in senate. he voted for tarp. he had voted for the budget resolution that year. so he really has a hand in all of this spending. saw in that graph the big spike was in that year. >> let's take a look at spending numbers. spending tra
world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion...
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Sep 27, 2012
09/12
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the fed is reducing the deficit. they are making huge profits, returning record amounts of money to the treasury. , the opposite of spending your tax dollars is true. the fed is legally independent and run by a guy who is appointed by george w. bush. it is so completely over the top that we decided we had to do a piece on that particular e- mailed. pretty much these messages to true believers have to exceed what we have already debunked before we pay attention to it. >> we are out of time. thank you for your attention. we appreciate your questions. [applause] >> please take your seats. 30 seconds. this fact checking futile or fruitful? a doctoral student. see will ask the question, can misinformation affect attitudes even when questions -- corrections work. how can journalists increase the likelihood that fax will win out? the third presenter, staff member, asks, does stand-alone the fact checking work or doesn't backfire as a result of a controlled experiment? then, we will be showed an journalism that fact checks.
the fed is reducing the deficit. they are making huge profits, returning record amounts of money to the treasury. , the opposite of spending your tax dollars is true. the fed is legally independent and run by a guy who is appointed by george w. bush. it is so completely over the top that we decided we had to do a piece on that particular e- mailed. pretty much these messages to true believers have to exceed what we have already debunked before we pay attention to it. >> we are out of...
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he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going so like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not as wealthy people. it is not just donald trump you are taxing. it is the people that employ 1 quart of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> but stay on the tax system for a moment. the deficit there has to be revenue in addition to cuts.
he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going...
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Oct 4, 2012
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to buy new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to p
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...
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Sep 26, 2012
09/12
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we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next ten years. kuster: with $1 trillion in new tax breaks. >> moderator: i want to move to our final segment. that is all the time we have. we will return for a few final questions. each of you will have one minute. if there is a follow-up question, 30 seconds and for the first round -- that last round. >> do you think any changes in federal immigration laws are needed to benefit the business community? kuster: what i have heard in terms of immigration are high end technical employees that they would like to bring to new hampshire as well as in the agricultural sector there is an i
we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next...
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Sep 26, 2012
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>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in westerville, ohio. martha: fire and protests in the streets of europe. listen to some of this. [shouting]. those are the scenes with riot police out in force in the streets of the city of madrid. clashing with hooded protesters there. tens of thousands of demonstrators have taken to the streets according to reports on the ground there. they're angered at another round of steep budget cuts that have come down. a default is the concern here and that could sink europe's economy and could sink ours as well, many economists believe if it comes to that. amy kellogg joins me live
>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in...